EOS - Summary Notes From Today's BP Call

in #bitcoin6 years ago

EOS.png


Here are the notes from the call held by the block Producers​ today (TMLG call), courtesy​ of Crypto Lions

RAM Updates

  • Not just producers, but all nodes must increase their Ram.
  • fractional reserves a bad idea (selling RAM you don't have)
  • Planned annual increase of RAM by 20% of RAM.
  • No shocks to the system (doubling overnight) because the market would go crazy. Trickle it onto the market.
  • Considering additional approaches to scaling: side chains, paging with fast storage.

Constitution Updates

  • Wants to make BP decisions as objective as possible.
  • Apps should have their own governance processes to update themselves without BP involvement.
  • Reiterated lack of objective boundaries for arbitrator-BP power. (Same as decribed in the medium post.)
  • Proposes for the future creating some discouragement for exercising BP intervention on smart contracts. (hourly rate, for example)
    Dan Misc:
  • (name auctions) 6-11 character name auctions (every ten minutes instead of every day)
  • (side chains) IBC message = "inter blockchain communication" message. One IBC message places the same burden on the network as ten internal messages.
  • (security ) B1 will release a preview of Keosd for macbooks in next 2 weeks. Keosd running in background. Keys never leave computer.
  • (Constitutional process) Feature changes should all require a referendum. Referred to block chains as "your" blockchain.
  • Thanked BPs for their work. of
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Hey, cool summary, speeding up names sale is excellent!

Thanks @aclarkuk82 - you’ve done the hard work for us so we can just read your summary! :)

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